The current gross income is $190, 620, Asking price of $1, 699, 000 is only 8.91 X the gross annual rent. Mixed-use building, spanning 8, 000 square feet, situated on a deep lot that provides 8 valuable exterior parking spaces. Currently, the retail space is owner occupied with the seller open to either leasing it back or vacating, making this property equally appealing to both investors and owner-occupants. This property also features an interior staircase leading to the rooftop, where you can explore the possibility of adding a rooftop deck with stunning skyline views. The building is already performing well, and the potential for increased returns becomes even more promising with the addition of cosmetic updates. All units have separate HVAC and in-unit laundry.

Listing Courtesy of MRED as distributed by MLS Grid of Chicago Real Estate Resources 773-327-9300



Based on information submitted to the MLS GRID as of 2023-12-02 07:10 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2023-12-02 07:10 PM UTC
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